OK, I think I see what you mean. I was using the correct formula, just not the correct initial concentration and initial volume is the unknown, correct?
Redoing it I got:
C1V1=C2V2
C1=1.0 M
V1= unkown
C2=5.2x10-3 mol/L
V2= 500 mL
I solved for V1 and got 2.6 mL.
That seems to be a more reasonable answer.